Stock Monitor: CARBO Ceramics Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free earnings report on RPC, Inc. (NYSE: RES). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RES. The Company reported its fourth quarter fiscal 2017 and full fiscal year 2017 operating and financial results on January 24, 2018. The oil and gas services Company posted a quarterly profit compared to a loss in the year ago same period. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for CARBO Ceramics Inc. (NYSE: CRR), which also belongs to the Basic Materials sector as the Company RPC, Inc. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=CRR

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, RPC most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=RES

Earnings Highlights and Summary

For the quarter ended December 31, 2017, RPC’s revenues soared 93.4% to $427.3 million compared to $221.0 million in Q4 2016, driven by higher activity levels and improved pricing for the Company’s services, higher service intensity, and activation of previously idled revenue-producing equipment. RPC’s revenue numbers lagged analysts’ estimates of $522.6 million.

For the twelve months ended December 31, 2017, RPC’s revenues soared 118.8% to $1.6 billion compared to $729.0 million in FY16.

RPC’s cost of revenues were $285.7 million, or 66.9% of revenues, during Q4 2017 compared to $173.0 million, or 78.3% of revenues, during Q4 2016. As a percentage of revenues, the Company’s cost of revenues decreased due to leverage of higher revenues over direct employment costs, and improved pricing for its services.

For Q4 2017, RPC’s selling, general, and administrative expenses (SG&A) totaled $42.0 million compared to $35.8 million in Q4 2016. The increase in expenses was attributed to higher compensation costs, primarily incentive compensation, as well as other expenses consistent with higher activity levels and improved profitability. As a percentage of revenues, these costs decreased to 9.8% in the reported quarter versus 16.2% in the year ago comparable period, due to the leverage of higher revenues over primarily fixed expenses.

RPC’s operating income came in at $60.3 million in Q4 2017 compared to an operating loss of $32.2 million in Q4 2016. The Company’s earnings before interest, tax, depreciation, and amortization (EBITDA) was $101.1 million for the reported quarter compared to $15.7 million in the prior year’s corresponding quarter.

For Q4 2017, RPC reported a net income of $57.7 million, or $0.27 diluted earnings per share, compared to net loss of $21.11 million, or $0.10 loss per diluted share, for Q4 2016. For the reported quarter, the Company recorded a net discrete tax benefit of $19.3 million as a component of tax expense as a result of the ‘Tax Cuts and Jobs Act’ (Tax Reform). Excluding the impact of Tax Reform, RPC’s net income was $38.4 million, or $0.18 diluted earnings per share, for Q4 2017. The Company’s earnings fell short of Wall Street’s expectations of $0.33 per share.

RPC’s net income was $162.5 million, or $0.75 per diluted share, for FY17. The Company’s net income, excluding the impact of Tax Reform, was $143.2 million, or $0.66 diluted earnings per share, compared to a net loss of $141.2 million, or $0.66 loss per share, in FY16.

Segment Operating Performance

During Q4 2017, RPC’s Technical Services segment’s revenues surged 96.0% to $410.97 million, aided by improved pricing, higher activity levels, and a larger active fleet of revenue-producing equipment compared to the prior year, particularly within the pressure pumping service line, which is the largest service line within the Technical Services segment. The segment reported an operating profit of $67.02 million compared to an operating loss of $26.22 million in the prior year’s same quarter.

For Q4 2017, RPC’s Support Services segment’s revenues advanced 43.7% to $16.33 million on a y-o-y basis, primarily driven by improved activity levels and pricing in the rental tool service line, which is the largest service line within this segment. The segment’s operating loss narrowed to $1.61 million in the reported quarter versus an operating loss of $6.68 million in the year earlier comparable quarter.

Dividend Increase

On January 24, 2018, RPC announced that its Board of Directors declared a 43% increase to the regular quarterly cash dividend, from $0.07 per share to $0.10 per share, payable on March 09, 2018, to common stockholders of record at the close of business as on February 09, 2018.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, RPC’s stock declined 2.46%, ending the trading session at $20.25.

Volume traded for the day: 3.24 million shares, which was above the 3-month average volume of 1.42 million shares.

After yesterday’s close, RPC’s market cap was at $4.51 billion.

Price to Earnings (P/E) ratio was at 148.90.

The stock has a dividend yield of 1.98%.

The stock is part of the Basic Materials sector, categorized under the Oil & Gas Equipment & Services industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487339

NEW YORK, NY / ACCESSWIRE / January 30, 2018 / Ashland Global Holdings, Inc. (NYSE: ASH) will be discussing their earnings results in their Q1 Earnings Call to be held on January 30, 2018 at 9:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/2756

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 486850

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free research report on FedEx Corp. (NYSE: FDX).If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FDX as the Company’s latest news hit the wire. On January 26, 2018, the Company announced three major programs following the recently enacted US Tax Cuts and Jobs Act (“Tax Reform”). Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, FedEx most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=FDX

Details of the Programs

The Company is planning to use more than $200 million to increase the wages of its employees. About two-thirds of the amount will go to hourly team members. The increased pays will start from April 2018 and will advance to the next six months to October 2018. The unused amount from the $200 million will be used to fund increases in performance-based incentive plans for salaried personnel.
FedEx will make a voluntary contribution of $1.5 billion to the FedEx pension plan, to ensure it remains one of the best funded retirement programs in the United States.
The Company will also make an investment of $1.5 billion to expand the FedEx Express hub in Indianapolis over the next seven years, and to modernize the Memphis SuperHub. Additional details about this will be disclosed later in 2018.

As a result of these actions, FedEx did not make any changes to its fiscal 2018 earnings or capital expenditure guidance as issued on December 19, 2017.

Companies Passing Benefits of New Tax Reform Legislation to Employees

Many American companies will share some of the financial benefits from the Tax Reform with their employees. Along with FedEx, other Companies that have been investing back into their employees include Home Depot Inc., Wal-Mart Stores Inc., Starbucks Corp., to name a few.

Home Depot would give its US employees a new one-time cash bonus of up to $1,000 for hourly associates in Q4 2018. Starbucks plans to spend $250 million on new employee benefits, including a pay boost for domestic workers. The Company will increase pay for its 150,000 US hourly and salaried employees in April 2018, following its regular annual raise. Wal-Mart Stores will raise the minimum wage for hourly associates to $11, and the Company is handing out bonuses of up to $1,000 to employees. Walt Disney is giving $1,000 bonuses to 125,000 employees, and spending $50 million to create a new higher education program for workers. AT&T plans to pay a special $1,000 bonus to more than 200,000 of its non-management workers.

About US Tax Cuts and Jobs Act

On 22 December 2017, the President of the United States, Donald Trump, signed the US Tax Cuts and Jobs Act (TCJA). The Act would reform both individual income and corporate income taxes and would move the United States to a territorial system of business taxation. The plan would significantly lower marginal tax rates and the cost of capital, which would lead to a 1.7% increase in GDP over the long-term; 1.5% higher wages; and an additional 339,000 full-time equivalent jobs. The Act allows companies to immediately write off the full value of capital costs, benefit of which will start to phase out in 2023. The Act also permanently lowers the US corporate rate to 21% from 35%.

About FedEx Corp.

Founded in 1973 and headquartered in Memphis, Tennessee, FedEx is an American multinational courier delivery services Company that connects people and possibilities through its worldwide portfolio of shipping, transportation, ecommerce, and business services. The Company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, FedEx’s stock was marginally down 0.43%, ending the trading session at $267.69.

Volume traded for the day: 1.13 million shares.

Stock performance in the last month – up 7.06%; previous three-month period – up 16.87%; past twelve-month period – up 36.63%; and year-to-date – up 7.27%

After yesterday’s close, FedEx’s market cap was at $71.49 billion.

Price to Earnings (P/E) ratio was at 24.61.

The stock has a dividend yield of 0.75%.

The stock is part of the Services sector, categorized under the Air Delivery & Freight Services industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487325

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors has a free review on Hasbro, Inc. (NASDAQ: HAS) following the Company’s announcement that it will begin trading ex-dividend on January 31, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on January 30, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on HAS:

www.active-investors.com/registration-sg/?symbol=HAS

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On December 07, 2017, Hasbro announced that its Board of Directors has declared a quarterly cash dividend of $0.57 per common share. The dividend will be payable on February 15, 2018, to shareholders of record at the close of business on February 01, 2018.

Hasbro’s indicated dividend represents a yield of 2.44%, which is substantially above the average dividend yield of 1.54% for the Consumer Goods sector. The Company has raised dividend for eight consecutive years.

Dividend Insight

Hasbro has a dividend payout ratio of 45.9%, which means that the Company spends approximately $0.46 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Hasbro is forecasted to report earnings of $5.23 for the next year, which is more than double the Company’s annualized dividend of $2.28 per share.

Hasbro had cash and cash equivalents worth $1.24 billion as of October 01, 2017, compared to cash and cash equivalents of $830.37 million as on September 25, 2016. For the nine months ended October 01, 2017, the Company’s net cash provided by operating activities came in at $201.80 million compared to $195.41 million for the year ago same period. The Company’s strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Upcoming Earnings Announcement

On January 24, 2018, Hasbro announced that it will webcast its fourth quarter and full year 2017 earnings conference call on February 07, 2018 at 8:30 a.m. ET, following the release of Hasbro’s financial results. Additionally, the Company will webcast its Annual Investor Update at New York Toy Fair 2018 on February 16, 2018 at 8:00 a.m. ET. The meeting will be hosted by Hasbro senior management including Brian Goldner, Chairman and Chief Executive Officer; Deborah Thomas, Chief Financial Officer; and John Frascotti, President.

About Hasbro, Inc.

Hasbro is a global play and entertainment company committed to Creating the World’s Best Play Experiences. From toys and games to television, movies, digital gaming, and consumer products, Hasbro offers a variety of ways for audiences to experience its iconic brands as well as premier partner brands. Hasbro was founded in 1923 and is headquartered in Pawtucket, Rhode Island.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Hasbro’s stock slightly rose 0.87%, ending the trading session at $94.20.

Volume traded for the day: 935.48 thousand shares.

Stock performance in the last month – up 2.76%; past twelve-month period – up 14.06%; and year-to-date – up 3.64%

After yesterday’s close, Hasbro’s market cap was at $12.00 billion.

Price to Earnings (P/E) ratio was at 20.09.

The stock has a dividend yield of 2.42%.

The stock is part of the Consumer Goods sector, categorized under the Toys & Games industry.

—

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487326

Stock Monitor: Rockwell Collins Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free earnings report on Hexcel Corp. (NYSE: HXL). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HXL. The Company reported its fourth quarter fiscal 2017 and full fiscal year 2017 operating and financial results on January 24, 2018. The maker of lightweight composite materials topped revenue expectations and raised its earnings guidance for FY18. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Rockwell Collins, Inc. (NYSE: COL), which also belongs to the Industrial Goods sector as the Company Hexcel. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=COL

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Hexcel most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=HXL

Earnings Highlights and Summary

For Q4 2017, Hexcel’s sales were a record $511.7 million, reflecting an increase of 5.8% compared to $483.5 million in Q4 2016. The Company’s revenue numbers exceeded analysts’ expectations by $6.11 million.

Hexcel’s sales were $1.97 billion for the full year FY17, down 1.5% compared to $2.00 billion in FY16.

Hexcel’s gross margin was 27.8% for Q4 2017 compared to 28.0% in Q4 2016, reflecting a strong underlying performance, while being impacted by startup costs related to the Company’s new manufacturing operations in France. Hexcel’s operating income was $93.2 million, or 18.2% of sales, in the reported quarter compared to $87.0 million, or 18.0% of sales, in the year earlier same quarter.

For Q4 2017, Hexcel reported a GAAP net income of $88.1 million, or $0.96 per diluted share, compared to $59.5 million, or $0.64 per diluted share, in Q4 2016. The Company’s reported quarter results included a $0.24 benefit from new tax law adjustments. Hexcel’s adjusted diluted earnings per share (EPS) advanced 9.4% to $0.70 on a y-o-y basis for Q4 2017, and were in-line with market expectations for EPS of $0.70.

For FY17, Hexcel reported a GAAP net income of $284.0 million, or $3.09 per diluted share, compared to $249.8 million, or $2.65 per diluted share, in FY16. The Company’s adjusted diluted EPS grew 3.9% to $2.68 for FY17.

Segment Results

During Q4 2017, Hexcel’s Commercial Aerospace segment’s sales grew 3.2% to $361.1 million on a y-o-y basis. Sales growth of narrowbody aircraft more than offset reductions in some widebody aircraft sales. For the reported quarter, sales to ‘Other Commercial Aerospace’, (which accounted for approximately 11% of the Commercial Aerospace segment’s sales), including regional and business aircraft customers, advanced 6.5% on a y-o-y basis.

For Q4 2017, Hexcel’s Space & Defense segment’s sales surged 21.9% to $96.4 million, with Rotorcraft sales, comprising approximately half of the segment’s sales, contributed significantly to the improvement.

Hexcel’s Industrial segment’s sales were $54.2 million for Q4 2017, edging down 0.6% on a y-o-y basis. The segment’s Wind energy sales (the largest submarket in the Industrial segment) experienced a challenging transition year in 2017, and were down more than 20% on a y-o-y basis during the reported quarter.

Cash Matters

Hexcel’s free cash flow generated was $150.6 million in 2017, more than doubling the free cash flow of $73.5 million generated in 2016. The Company’s working capital was a source of $20.3 million in 2017 compared to $18.6 million in 2016. The primary driver of the working capital improvement was lower receivables through strong cash collections. Hexcel’s capital expenditure was $284.4 million in 2017 compared to $320.2 million in 2016.

In 2017, Hexcel used $150.3 million to repurchase shares of its common stock, and has $242.5 million remaining under the authorized share repurchase program. The Company’s Board of Directors declared a quarterly dividend of $0.125 per share, payable to stockholders of record as on February 06, 2018, with a payment date of February 13, 2018.

Outlook for FY18

For the full year FY18, Hexcel is forecasting sales to be in the range of $2.10 billion to $2.20 billion. The Company is estimating adjusted diluted EPS of $2.96 to $3.10 – based on an effective tax rate (ETR) of 25%. Hexcel had earlier forecasted EPS of $2.80 – $2.94 based on an ETR of 29%. The Company is projecting to generate free cash flow greater than $230 million and accrual basis capital expenditure of $170 million to $190 million for FY18.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Hexcel’s stock slightly climbed 0.78%, ending the trading session at $68.15.

Volume traded for the day: 979.02 thousand shares, which was above the 3-month average volume of 559.52 thousand shares.

Stock performance in the last month – up 9.58%; previous three-month period – up 9.85%; past twelve-month period – up 35.03%; and year-to-date – up 10.19%

After yesterday’s close, Hexcel’s market cap was at $6.14 billion.

Price to Earnings (P/E) ratio was at 22.06.

The stock has a dividend yield of 0.73%.

The stock is part of the Industrial Goods sector, categorized under the Aerospace/Defense Products & Services industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487327

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free research report on Illumina, Inc. (NASDAQ: ILMN). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ILMN as the Company’s latest news hit the wire. On January 26, 2018, the Company announced that it has won approximately $26.7 million in a patent infringement lawsuit against Ariosa Diagnostics, Inc., a subsidiary of Roche Holdings AG, related to Illumina’s non-invasive prenatal testing technology (NIPT). Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Illumina most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=ILMN

In November 2017, the High Court of Justice, Chancery Division, Patents Court in the United Kingdom issued a judgment in Illumina’s favor in the lawsuit filed against Ariosa.

The Jury Rejected Ariosa’s Counterclaims of a Breach of Contract

The jury in the US District Court for the Northern District of California found that both Ariosa’s previous and current version of the Harmony NIPT infringe US Patent 8,318,430 and US Patent 7,955,794. The jury rejected counterclaims by Ariosa that Illumina had breached a supply agreement between the companies by bringing the lawsuit. Illumina intends to seek injunctive relief for ongoing infringement by Ariosa’s continuing sale of its Harmony test.

Lawsuits Filed Against Ariosa in 2014 and 2015

In April 2014, Illumina filed a lawsuit against Ariosa, based on the latter’s infringement of US Patent No. 7,955,794, entitled “Multiplex Nucleic Acid Reactions.” The suit targeted Ariosa’s Harmony NIPT, including its use of digital analysis of selected regions (DANSR) that, among other things, enabled simultaneous quantification of hundreds of DNA loci.

In May 2015, the Company filed another lawsuit after Roche had acquired Ariosa and converted its NIPT to run on a microarray. Illumina claimed that the microarray version of the test also infringed on its ‘7,955,794-patent because it used the same technique as the sequencing-based test. Ariosa also infringed 8,318,430-patent entitled “Methods of Fetal Abnormality Detection”.

Illumina Won Infringement Suit Against Premaitha

In November 2017, Patents Court in the United Kingdom also issued a judgment in Illumina’s favor in the patent infringement suit filed against Premaitha Health PLC. The Court found that Premaitha’s IONA test infringed EP 1 981 995, EP 2 385 143, EP 2 183 693 and EP 2 514 842, which are generally directed to the use of sequencing in NIPT. The Court also found that the gender testing component in Premaitha’s IONA test infringe EP 0 994 963. These patents are licensed by Illumina or its wholly owned subsidiary Verinata Health, Inc.

About Illumina, Inc.

Founded in 1998 and headquartered in San Diego, California, Illumina is a global leader in genomics, an industry at the intersection of biology and technology, serving customers in the research, clinical and applied markets. The Company offers the verifi® NIPT in its CLIA-certified, CAP-accredited clinical services laboratory, to detect chromosome abnormalities and aberrations with improved resolution for consistent, and dependable results.

About Ariosa Diagnostics, Inc.

Established in 2010, Ariosa Diagnostics, maker of the HarmonyTM Prenatal Test, is a molecular diagnostics company committed to providing non-invasive, highly accurate, and affordable prenatal tests for all pregnant women in an effort to promote and improve maternal and fetal health. Headquartered in San Jose, California, the Company was acquired by Roche in 2014.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Illumina’s stock fell 1.25%, ending the trading session at $241.78.

Volume traded for the day: 779.51 thousand shares.

Stock performance in the last month – up 12.22%; previous three-month period – up 16.07%; past twelve-month period – up 50.18%; and year-to-date – up 10.66%

After yesterday’s close, Illumina’s market cap was at $35.09 billion.

Price to Earnings (P/E) ratio was at 45.58.

The stock is part of the Healthcare sector, categorized under the Biotechnology industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487328

NEW YORK, NY / ACCESSWIRE / January 30, 2018 / NetScout Systems, Inc. (NASDAQ: NTCT) will be discussing their earnings results in their Q3 Earnings Call to be held on January 30, 2018 at 8:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/22327

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 486844